Student loans have become all of our modern-time debtors prisons
Congress and you may authorities can end the pupil-financing borrower jail by allowing bankruptcy getting striving borrowers and you may investigating abuses because of the loan servicers.
An individual Financial Defense Bureau’s relocate to instinct its education loan office is simply the newest inside the an extended number of bad bodies conclusion that have compounded new student loan drama.
Repeatedly, bodies and you can Congress provides finalized gates which could has actually provided hopeless individuals relief from challenging expenses. (more…)